Professor Dave Explains
Exchange Rates and Trade
We've talked about free trade, but one issue is that different countries utilize different currencies, and the values of those currencies are constantly fluctuating. The value of one currency with respect to another is called an exchange...
The Economics of Seinfeld
The Economics of Seinfeld: The Checks
Very funny clip [0:40] from Seinfeld Season 8 discusses the exchange rate to give students a sense of the what the exchange rate is and the difference between nominal and real exchange rates.
Khan Academy
Khan Academy: Chinese Currency and u.s. Debt: Floating Exchange Effect on Us
Floating Exchange Effect on US. Learn how Chinese currency affects the U.S. debt through flexible exchange rates.
Khan Academy
Khan Academy: Chinese Currency and u.s. Debt: Floating Exchange Effect on China
Examines what the effect on China would be of a floating exchange rate. [3:26]
Khan Academy
Khan Academy: Chinese Currency: Floating Exchange Resolving Trade Imbalance
Explores how a floating exchange rate could in theory resolve a trade imbalance. [4:06]
Khan Academy
Khan Academy: Floating Exchange Resolving Trade Imbalance
Sal Khan explores how a floating exchange rate could resolve trade imbalances. [4:06]
Khan Academy
Khan Academy: Floating Exchange Effect on Us
This video explains the Floating Exchange Effect on US. [4:16]
Khan Academy
Khan Academy: Floating Exchange Effect on China
Sal Khan discusses the Floating Exchange Effect on China. [3:25]
Khan Academy
Khan Academy: Currency Exchange Introduction
If you track the value of a currency, you'll notice its value fluctuates. In this video, we introduce how exchange rates can fluctuate. [12:04]